South Stream Pipeline Construction Has Started
On December 7, 2012 Russian president Wladimir Putin attended a ceremony to mark the start of the building of the Southstream natural gas pipeline from Russia to Europe. Expected start of production in 2015. Destination countries: Bulgaria, Serbia, Hungary, Slovenia and Italy.
[wikipedia.com] – Capacity 63 billion m3 per year, more than 20 times the amount of natural gas delivered by Russia to Bulgaria in 2011.
[gazprom.com] – Gazprom and Bulgaria sign final investment decision on South Stream on November 15, 2012.
As was to be expected, sceptical comments from Anglosphere, via it’s Qatar proxy Aljazeera, as Europe is drawn further into Eurasia, away from Anglosphere. We would be surprised if an increasingly meaningless organization like NATO would still be around by 2020. For Europe the future is in Eurasia, not in Anglosphere.